Market Overview:
The global NPK water-soluble fertilizer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for food owing to population growth, increasing awareness about benefits of using fertilizers, and technological advancements in the production of water-soluble fertilizers. Based on type, the global NPK water-soluble fertilizer market is segmented into solid fertilizer and liquid fertilizer. The liquid fertilizer segment is expected to grow at a higher CAGR than the solid fertilizer segment during the forecast period from 2018 to 2030. This can be attributed to its advantages such as easy handling and transportation, high nutrient content, and low application cost as compared with solid fertilizers. Based on application, the global NPK water-soluble fertilizer market is divided into horticulture and crop segments.
Product Definition:
NPK water-soluble fertilizer is a type of fertilizer that contains the three main nutrients needed for plants to grow: nitrogen (N), phosphorus (P), and potassium (K). NPK water-soluble fertilizers are important because they provide these essential nutrients in an easily absorbable form, which helps plants to grow quickly and healthy.
Solid Fertilizer:
Solid fertilizer is a mixture of three major elements, namely nitrogen (N), phosphorus (P) and potassium (K). These are the primary nutrients required to grow plants. Solid fertilizers are manufactured by combining these essential nutrients in a base such as sand or rock phosphate, nitrate or potash salts. The most common solid fertilizer used on a commercial scale is ammonium phosphates with urea and diammonium phosphate added as stabilizers.
Liquid Fertilizer:
Liquid fertilizer is a concentrated fertilizer solution that contains all the essential nutrients in the correct proportion to meet crop nutrient requirements. The chemical composition of liquid fertilizers varies according to their type and function. There are three major categories of liquid fertilizers, which include synthetic (manure), organic, and mineral.
Application Insights:
Crop application includes wheat, maize, rice, barley and other crops. The crop segment accounted for the largest market share in 2017 and is anticipated to maintain its dominance over the forecast period. This is attributed to increasing population coupled with a growing preference for food produced locally.
The horticulture industry has been witnessing significant growth due to rising demand from urban areas as well as developing countries such as India and China. Growing awareness regarding garden care along with changing climatic conditions has increased the importance of fertilizers in horticulture applications across the globe. NPK are majorly used in liquid form for various gardening activities including soil testing & analysis, plant feeding or foliar spraying on plants like roses bushes vegetables etc.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for high-quality fertilizers due to rapid industrialization and urbanization, which has led to a rise in food production. China is one of the major producers of NPK water-soluble fertilizers owing to easy availability of raw materials coupled with large fertilizer manufacturing capacities.
Europe accounted for 24% share in 2016 owing to presence of developed economies such as Germany, U.K., France, Italy among others that are majorly driven by agriculture sector growth resulting into increased demand for high quality products from other regions such as North America and Asia Pacific thus driving overall global market growth over the forecast period.
Growth Factors:
- Increasing demand for food owing to population growth
- Rising awareness about the benefits of using NPK water-soluble fertilizers
- Technological advancements in agriculture sector
- Government initiatives to promote use of NPK water-soluble fertilizers
- Growing popularity of organic farming
Scope Of The Report
Report Attributes
Report Details
Report Title
NPK Water-soluble Fertilizer Market Research Report
By Type
Solid Fertilizer, Liquid Fertilizer
By Application
Horticulture, Crop
By Companies
Haifa Chemicals, Yara, Arab Potash Company, Omex, Everris, Bunge, SQM, UralChem, ICL Fertilizers, Sinclair, Grow More, EuroChem Group, Mosaicco, Nutrite, Aries Agro, LemagroNV, Dongbu Farm Hannong, Stanley, Hebei Monbang, CNAMPGC Holding, Hanfeng, Batian, Kingenta, Sichuan Guoguang Agrochemical, Beijing Jinggeng Tianxia Agricultural Science and Technology, Strongwill group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global NPK Water-soluble Fertilizer Market Report Segments:
The global NPK Water-soluble Fertilizer market is segmented on the basis of:
Types
Solid Fertilizer, Liquid Fertilizer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Horticulture, Crop
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Haifa Chemicals
- Yara
- Arab Potash Company
- Omex
- Everris
- Bunge
- SQM
- UralChem
- ICL Fertilizers
- Sinclair
- Grow More
- EuroChem Group
- Mosaicco
- Nutrite
- Aries Agro
- LemagroNV
- Dongbu Farm Hannong
- Stanley
- Hebei Monbang
- CNAMPGC Holding
- Hanfeng
- Batian
- Kingenta
- Sichuan Guoguang Agrochemical
- Beijing Jinggeng Tianxia Agricultural Science and Technology
- Strongwill group
Highlights of The NPK Water-soluble Fertilizer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid Fertilizer
- Liquid Fertilizer
- By Application:
- Horticulture
- Crop
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the NPK Water-soluble Fertilizer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
NPK water soluble fertilizer is a type of fertilizer that contains nitrogen, phosphorus, and potassium. These nutrients help plants to grow and produce flowers and fruits.
Some of the key players operating in the npk water-soluble fertilizer market are Haifa Chemicals, Yara, Arab Potash Company, Omex, Everris, Bunge, SQM, UralChem, ICL Fertilizers, Sinclair, Grow More, EuroChem Group, Mosaicco, Nutrite, Aries Agro, LemagroNV, Dongbu Farm Hannong, Stanley, Hebei Monbang, CNAMPGC Holding, Hanfeng, Batian, Kingenta, Sichuan Guoguang Agrochemical, Beijing Jinggeng Tianxia Agricultural Science and Technology, Strongwill group.
The npk water-soluble fertilizer market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. NPK Water-soluble Fertilizer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. NPK Water-soluble Fertilizer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. NPK Water-soluble Fertilizer Market - Supply Chain
4.5. Global NPK Water-soluble Fertilizer Market Forecast
4.5.1. NPK Water-soluble Fertilizer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. NPK Water-soluble Fertilizer Market Size (000 Units) and Y-o-Y Growth
4.5.3. NPK Water-soluble Fertilizer Market Absolute $ Opportunity
5. Global NPK Water-soluble Fertilizer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. NPK Water-soluble Fertilizer Market Size and Volume Forecast by Type
5.3.1. Solid Fertilizer
5.3.2. Liquid Fertilizer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global NPK Water-soluble Fertilizer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. NPK Water-soluble Fertilizer Market Size and Volume Forecast by Application
6.3.1. Horticulture
6.3.2. Crop
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global NPK Water-soluble Fertilizer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. NPK Water-soluble Fertilizer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global NPK Water-soluble Fertilizer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. NPK Water-soluble Fertilizer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global NPK Water-soluble Fertilizer Demand Share Forecast, 2019-2026
9. North America NPK Water-soluble Fertilizer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America NPK Water-soluble Fertilizer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America NPK Water-soluble Fertilizer Market Size and Volume Forecast by Application
9.4.1. Horticulture
9.4.2. Crop
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America NPK Water-soluble Fertilizer Market Size and Volume Forecast by Type
9.7.1. Solid Fertilizer
9.7.2. Liquid Fertilizer
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America NPK Water-soluble Fertilizer Demand Share Forecast, 2019-2026
10. Latin America NPK Water-soluble Fertilizer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America NPK Water-soluble Fertilizer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America NPK Water-soluble Fertilizer Market Size and Volume Forecast by Application
10.4.1. Horticulture
10.4.2. Crop
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America NPK Water-soluble Fertilizer Market Size and Volume Forecast by Type
10.7.1. Solid Fertilizer
10.7.2. Liquid Fertilizer
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America NPK Water-soluble Fertilizer Demand Share Forecast, 2019-2026
11. Europe NPK Water-soluble Fertilizer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe NPK Water-soluble Fertilizer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe NPK Water-soluble Fertilizer Market Size and Volume Forecast by Application
11.4.1. Horticulture
11.4.2. Crop
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe NPK Water-soluble Fertilizer Market Size and Volume Forecast by Type
11.7.1. Solid Fertilizer
11.7.2. Liquid Fertilizer
11.8. Basis Point Share (BPS) Analysis by Type
11.. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe NPK Water-soluble Fertilizer Demand Share, 2019-2026
12. Asia Pacific NPK Water-soluble Fertilizer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific NPK Water-soluble Fertilizer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific NPK Water-soluble Fertilizer Market Size and Volume Forecast by Application
12.4.1. Horticulture
12.4.2. Crop
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific NPK Water-soluble Fertilizer Market Size and Volume Forecast by Type
12.7.1. Solid Fertilizer
12.7.2. Liquid Fertilizer
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific NPK Water-soluble Fertilizer Demand Share, 2019-2026
13. Middle East & Africa NPK Water-soluble Fertilizer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa NPK Water-soluble Fertilizer Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa NPK Water-soluble Fertilizer Market Size and Volume Forecast by Application
13.4.1. Horticulture
13.4.2. Crop
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa NPK Water-soluble Fertilizer Market Size and Volume Forecast by Type
13.7.1. Solid Fertilizer
13.7.2. Liquid Fertilizer
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa NPK Water-soluble Fertilizer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global NPK Water-soluble Fertilizer Market: Market Share Analysis
14.2. NPK Water-soluble Fertilizer Distributors and Customers
14.3. NPK Water-soluble Fertilizer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Haifa Chemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Yara
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Arab Potash Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Omex
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Everris
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bunge
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SQM
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. UralChem
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ICL Fertilizers
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sinclair
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Grow More
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. EuroChem Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mosaicco
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Nutrite
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Aries Agro
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. LemagroNV
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Dongbu Farm Hannong
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Stanley
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hebei Monbang
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. CNAMPGC Holding
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
